Postal Life Insurance provides various insurance plans to ensure financial security for individuals and families. The plans include Whole Life Assurance, Endowment Assurance, Education Endowment Assurance, and Marriage Endowment Assurance.
Whole Life Assurance is effective for life and available for individuals aged 19–55. Premiums increase with age. For example, a 45-year-old may pay 12.85 Taka for a 50-year policy.
Endowment Assurance covers a fixed term. A 25-year-old might pay 8.55 Taka for a 10-year policy and 4.20 Taka for a 30-year policy.
Education and Marriage Endowment plans provide benefits for educational or marriage expenses. For instance, a 25-year-old may pay 8.55 Taka for a 5-year policy and 3.30 Taka for a 20-year policy.
Term insurance covers premature death and pays out at the end of the policy term. A 45-year-old businessman may pay 8.55 Taka for a 10-year term and 5.60 Taka for a 15-year term.
Postal Life Insurance provides financial security based on age and individual needs.
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